HONG KONG (Reuters) -- Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.
Economy
Hong Kong central bank cuts interest rate, tracking Fed
Banks follow as HKMA expects boost for property market and economy
The Hong Kong Monetary Authority's easing on Sept. 18 is the first since a rate cut last December. (Photo by Yuki Kohara)
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